GULF Offers Bonds Up to 3% Interest, Oct 19-21
GULF is launching a new bond issuance with four maturity options, offering fixed interest rates up to 3.00% per year. The bonds carry an AA- rating with a stable outlook from TRIS Rating and can be bought through eight banks and the Paotang app from October 19 to 21. Minimum investments range from 1,000 baht for the digital bond to 100,000 baht for the traditional series.
GULF’s offering includes a 4‑year bond at 2.10%, a 5‑year bond at 2.33%, a 7‑year digital bond at 2.80%, and a 10‑year bond at 3.00%, all with fixed interest. The 4‑, 5‑year and 10‑year debentures can be purchased for a minimum of 100,000 baht in multiples of the same amount via Bangkok Bank, Krungthai Bank, Kasikorn Bank, Kasikorn Securities, Siam Commercial Bank, Innovest X Securities, UOB Bank, Bank of Ayudhya, CIMB Thai Bank and Asia Plus Securities. The 7‑year digital bond is available exclusively through the Paotang app with a minimum investment of 1,000 baht, also in 1,000‑baht increments, up to 50 million baht per transaction. Investors can choose the maturity and amount that suit their preferences, from small‑scale savers to high‑net‑worth individuals, during the October 19‑21 window.
